REG-TotalEnergies SE Lebanon: TotalEnergies Mobilizes to Explore Block 9 in 2023

TotalEnergies SEAnnouncement

12/12/2022 07:45

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Lebanon: TotalEnergies Mobilizes to Explore Block 9 in 2023

 

Patrick Pouyanné, Chairman and CEO of TotalEnergies (Paris:TTE) (LSE:TTE)
(NYSE:TTE), received His Excellency Walid Fayad, Minister of Energy and Water
of Lebanon, at the Company's headquarters.

During the meeting, Patrick Pouyanné and Walid Fayad discussed the
development of TotalEnergies' activities in Lebanon, and Patrick Pouyanné
confirmed that the teams in charge of drilling operations on Block 9 were now
mobilized.

To date, in addition to the Operations Manager, more than 10 people are
involved in the preparation of the well. By the end of March, the team
mobilized in Beirut will reach more than 20 employees. The call for tenders to
secure the drilling rig has been launched and should lead to a selection of
the rig in the first quarter of 2023. Pre-orders have also been placed with
suppliers for equipment required for the well. In parallel, offshore resources
are being mobilized to contribute to the environmental studies which will be
finalized by the end of June 2023.

All those TotalEnergies teams are working in collaboration with LPA to prepare
the well in order to achieve the objective of TotalEnergies and its partner
ENI to complete the drilling as soon as possible in 2023.

***

About TotalEnergies

TotalEnergies is a global multi-energy company that produces and markets
energies: oil and biofuels, natural gas and green gases, renewables and
electricity. Our more than 100,000 employees are committed to energy that is
ever more affordable, cleaner, more reliable and accessible to as many people
as possible. Active in more than 130 countries, TotalEnergies puts sustainable
development in all its dimensions at the heart of its projects and operations
to contribute to the well-being of people.

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Cautionary Note

The terms “TotalEnergies”, “TotalEnergies company” or “Company” in
this document are used to designate TotalEnergies SE and the consolidated
entities that are directly or indirectly controlled by TotalEnergies SE.
Likewise, the words “we”, “us” and “our” may also be used to refer
to these entities or to their employees. The entities in which TotalEnergies
SE directly or indirectly owns a shareholding are separate legal entities.
This document may contain forward-looking information and statements that are
based on a number of economic data and assumptions made in a given economic,
competitive and regulatory environment. They may prove to be inaccurate in the
future and are subject to a number of risk factors. Neither TotalEnergies SE
nor any of its subsidiaries assumes any obligation to update publicly any
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TotalEnergies’ financial results or activities is provided in the most
recent Universal Registration Document, the French-language version of which
is filed by TotalEnergies SE with the French securities regulator Autorité
des Marchés Financiers (AMF), and in the Form 20-F filed with the United
States Securities and Exchange Commission (SEC).



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